December The primary market remained quite busy. In this last month of 2023, 11 mainboard IPOs were launched. Apart from this, 21 SME IPOs came. After this busy schedule, no new IPO is coming in the primary market this week. However, shares of 7 SME companies are going to be listed on the stock exchanges this week. These SME shares are Balaji Valve Components, Sameera Agro and Infra, AIK Pipes, Akanksha Power, HRH Next Services, Manoj Ceramics (Manoj Ceramic) and Kay Cee Energy. These shares will debut on the SME platforms of both the exchanges.
Got bumper response from investors
Subscriptions for all IPOs except KC Energy have stopped. The issue of KC Energy will close on January 2. The IPO of Balaji Valve Components was subscribed 276 times. After that Akanksha Power was subscribed 117 times. Whereas, HRH Next Services was subscribed 66 times. Apart from this, the issues of AIK Pipes & Polymers, Manoj Ceramics and Sameera Agro & Infra were subscribed 43 times, 9 times and 2.9 times respectively. There will be no new IPO in the SME segment this week.
What’s going on GMP?
Shares of Balaji Valve Components were seen trading at a premium of Rs 45 in the gray market on Sunday. In this way, this share can be listed at Rs 145 with a premium of 45 percent. Shares of AIK Pipes were seen trading at a premium of Rs 9. In this way, this share can be listed at Rs 98 with a premium of 10.11 percent. Akanksha Power’s shares were seen trading at a premium of Rs 10 on Sunday. In this way it can be listed at Rs 65 with a premium of 18.18 percent. Shares of HRH Next Services were seen trading at a premium of Rs 9. In this way, this share can be listed at Rs 45 with a premium of 25 percent. At the same time, KC Energy’s share was seen trading at the highest premium of Rs 60. In this way, this share can be listed at Rs 114 with a premium of 111.11 percent.
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